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Marcoola
AREA REPORTS

Marcoola

Marcoola - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4564

house
unit

Property investments in MARCOOLA fare well against the rest of the country last year, registering a median home price increase of 49.42%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MARCOOLA, 4564 saw average growth in the long term.

Real estate investors could earn a rental income of $620 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 42.2 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,162,500.

MARCOOLA ranks 677th on the list of best yielding suburbs for rental properties in QLD, posting a 2.77% return.

Data report can be found below

Marcoola
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,162,500 $565,000
GROWTH REPORT
Median Quarterly 5.68% 9.92%
Median 12 month 49.42% 33.73%
Median 3 years 92.15% 54.79%
Median 5 years 97.03% 81.09%
10 years average annual 11.79% 6.54%
Weekly media advert. rent $620 $465
Time on Market 42.2 days 49.1 days
Gross Rental Yield Percent 2.77% 4.28%
demographics (median values)*
Total Population
2677
Weekly Household Income
927.6
Household Size
2.40
Age
35
Monthly Loan Repayment
1322
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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